4th Special Session

Governor Walker called for a 4th Special Session beginning October 23 to focus on a bill proposing a payroll tax of 1.5 percent of wages earned by Alaskans and non-resident workers, capped at $2,200 or twice the previous year’s permanent fund dividend amount—whichever is higher. The proposal is expected to generate between $300 million and $325 million. About 15 percent of which is projected to come from non-resident workers. Under this proposal, Alaskans would pay the lowest taxes on a nationwide basis.